RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of...

24
RUCHI SOYA INDUSTRIES LIMITED CORPORATE PRESENTATION June 2015

Transcript of RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of...

Page 1: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

RUCHI SOYA INDUSTRIES LIMITED

CORPORATE PRESENTATION June 2015

Page 2: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

DisclaimerBy attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations:

• This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities ofRuchi Soya Industries Limited (the "Company“ or “Ruchi Soya”), nor shall part, or all, of this document form the basis of, or be relied on in connectionwith, any contract or investment decision in relation to any securities of the Company.

• This document is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any mediumor in any form for any purpose. The information in this document is being provided by the Company and is subject to change without notice. TheCompany relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness.

• This document contains statements about future events and expectations that are forward-looking statements. These statements typically containwords such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement of historical fact is aforward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performanceor achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-lookingstatements. None of the future projections, expectations, estimates or prospects in this document should be taken as forecasts or promises norshould they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations,estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the document. The Companyassumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes infactors affecting these statements.

• You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you willconduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.

• Neither the delivery of this document nor any further discussions of the Company with any of the recipients shall, under any circumstances, createany implication that there has been no change in the affairs of the Company since that date.

Page 1

Page 3: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

INDEX

pg.

§ Company Overview 2

§ Key Highlights 7

§ Financial Performance 16

§ Appendix 20

Page 2

Page 4: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

COMPANY OVERVIEW

Page 5: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

1st

1st

OVERVIEW OF RUCHI SOYA Company Profile

n Listed on BSE (500368) & NSE (RUCHISOYA)

n Consolidated Annual turnover of over US$ 5.04 Bn(1)(2) in FY15

n One of the largest integrated oilseed solvent extraction and edible oil refining companies in India in terms of oilseed crushing and oil refining capacity as of 31 March 2015

− Crushing capacity (12,394 MT/day)

− Refinery capacity (11,120 MT/day)

n Strong Brand Recognition in India

− Branded portfolio including Nutrela, Ruchi Gold and Mahakosh

n Integrated operations:

− Access to over 200,000 hectares of land in India for potential palm oil plantations as on 31 March 2015

n Recognised as the highest exporter of oil meals in India (3) by certain Indian industry bodies

Segmental Revenue Spilt (2)

In INR Million SALES REVENUE

FY2014 FY2015 Change

Extractions 58115 38765 -33.30%

Vanaspati 9154 9956 8.76%

Oils 177046 204400 15.45%

Food Products 5126 5464 6.59%

Wind Turbine 483 490 1.45%

Others 38278 58536 52.92%

Total 288202 317611 10.20%

FY 2015 Revenue Mix

Page 4

Notes:(1) Assuming INR/USD of 62.68(2) On the basis of consolidated financials(3) Globoil Awards 2014(4) Ruchi Soya Industries Ltd’s calculation based in part on data reported by Nielsen through its Retail Index Service for the Refined Oil Consumer Pack Category for period ending Mar MAT 2015 at an All India (U+R)

Market level. (Copyright © 2015, The Nielsen Company)" (MAT refers to moving annual total i.e. a period of 12 months)(5) Fortune 500 India, December 2014, Volume 3 Issue 2

Ruchi Soya: An Award Winning Story

n Among the oldest and most established edible oil players in India, Ruchi Soya’s strong brand recognition enable the Company to maintain its leading position in the industry

ü #1 in Indian Edible Oil Sector: Based on volume sales in overall Refined Oil in Consumer Packs (ROCP) in India (4)

ü #1 in Food and Agri Products in India as per Fortune 500 India’s survey of largest Indian corporations (5)

ü Ranked 156 th in the list of “World’s Top 250 consumer product companies” as per a report titled “Global Powers Of The Consumer Product Industry 2015” published by Deloitte

Growing Sales (2)

INR Bn

Oils, 64%Extractions,

12%

Vanaspati, 3%

Food products,

2%Others,

18%

26 33 39 52 4876 91 117 127

145184

306 303 288318

0

50

100

150

200

250

300

350

FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

Page 6: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

ORGANIZATIONAL CHART(1)

(1) Shareholding pattern as of 31 Mar 2013 Page 5

Group companies outside India

Group companies within India

Indian OilRuchi BioFuels LLP

(50%)

Indian OilRuchi BioFuels LLP

(50%)

GHI EnergyPrivate Limited

(48.96%)

GHI EnergyPrivate Limited

(48.96%)

RSILBeneficiary

Trust(100%)

RSILBeneficiary

Trust(100%)

Mrig TradingPrivate Limited(100%)

Mrig TradingPrivate Limited(100%)

Ruchi J-OilPrivate Limited(51%)

Ruchi J-OilPrivate Limited(51%)

RuchiWorldwide

Limited(52.48%)

RuchiWorldwide

Limited(52.48%)

Ruchi Agri PLC(100%)

Ruchi Agri PLC(100%)

Ruchi Ethiopia Holding Limited

(100%)

Ruchi Ethiopia Holding Limited

(100%)

Ruchi Industries Pte Ltd(100%)

Ruchi Industries Pte Ltd(100%)

Ruchi AgriPlantation

(Cambodia)Pte. Limited

(100%)

Ruchi AgriPlantation

(Cambodia)Pte. Limited

(100%)

Palmolein Industries Pte.

Limited(100%)

Palmolein Industries Pte.

Limited(100%)

RuchiAgri TradingPte. Limited

(100%)

RuchiAgri TradingPte. Limited

(100%)

Ruchi Soya Industries Limited

(Parent)

Ruchi Soya Industries Limited

(Parent)

Ruchi Agri SARL.(100%)

Ruchi Agri SARL.(100%)

Ruchi Kagome Foods India

Private Limited(40%)

Ruchi Kagome Foods India

Private Limited(40%)

Page 7: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

Page 6

LEADING POSITION IN EDIBLE OIL SEGMENTThe Company has an estimated market share of ~16% in the edible oil segment in India. In terms of ROCP category, the Company has attained leadership position with market share of ~ 18.6% as per a recent survey(1)

Ruchi Soya edible oil sales(2)

(000’MT) 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15

Industry edible oil consumption 11,807 12,989 14,508 15,247 15,912 16,844 17,885 19,164 20,065

Ruchi Soya edible oil market share (estimated) (3)

Source: USDA FAS

Notes:(1) Ruchi Soya Industries Ltd’s calculation based in part on data reported by Nielsen through its Retail Index Service for the Refined Oil Consumer Pack Category for period ending March MAT 2015 at an All India (U+R)

Market level. (Copyright © 2015, The Nielsen Company)" (MAT refers to moving annual total i.e. a period of 12 months)(2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption(3) Market share estimated based on edible oil sales of Ruchi Soya and Industry edible oil consumption data based on USDA FAS data, prepared by Ruchi Soya

1243

15351598

2380 2398

3095

2697

2468

3251

0

500

1000

1500

2000

2500

3000

3500

FY 07 FY 08 FY 09 FY 10 FY11 FY 12 FY 13 FY 14 FY 15

Qua

ntity

(000

’ M

T)

10.5%11.8%

11.0%

15.6%15.1%

18.4%

15.1%

12.9%

16.2%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15M

arke

t Sha

re (%

)

Ruchi Soya edible oil segment :CAGR FY 07 – FY 15 : 13%

Indian edible Oil :CAGR FY 07 – FY 15 – 7%

Page 8: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

BUSINESS STRATEGIES

Page 7

üTo capitalize on the supply and demand gap in the edible oil industry in India

üTo increase market share in branded edible oil products and food products in India

üTo continue focus on backward integration

üTo have a global footprint

üTo focus on innovation in our product range to deliver differentiated products

Page 9: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

KEY HIGHLIGHTS

Page 10: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

KEY HIGHLIGHTS

Page 9

n Our brand portfolio includes brands such as Nutrela, Mahakosh and Ruchi Gold, which enjoystrong brand recognition in the Indian market

n India is one of the leading consumers of edible oiln Significant room for growth in domestic production expected given that the increasing

consumption of edible oil has been primarily met through imports as domestic production is notable to keep pace

n One of the few companies in this industry operating across the value chain from origination,supply chain, manufacturing to branding, which enable us to manage costs more effectively thanseveral of our competitors

n Experienced management team with over four decades of industry experiencen Key members have served or are currently serving as officers of various industry bodies,

recognizing their standing in this sector

Favourable Industry Dynamics

Strong Brand Recognition in India

Fully Integrated Operations

Extensive Distribution Network in India

1

2

3

4

Experienced Management5

n Pan-India presence with strategically located manufacturing facilities striking the right balancebetween proximity to raw materials and markets

n Extensive distribution network in India and a large sales force

Page 11: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

45% 17% 14% 6% 7% 9% 3%

Palm SoyabeanRapeseed PeanutCottonseed Sunflower seedOther

FAVOURABLE INDUSTRY DYNAMICS GLOBAL EDIBLE OIL INDUSTRY OVERVIEW

World Edible Oil Consumption (FY15) World Edible Oil Production (FY15)

India is the leading consumer of edible oil with high growth expectation

Palm and Soyabean oil constitute ~62% of the Global Edible Oil Demand

Page 10Source: Global Edible Oil Demand as per USDA FAS

Source: USDA FAS

Source: USDA FAS

1

Brazil, 4%

China, 19%

Argentina, 2%European

Union, 15%

India, 12%

US, 8%

Indonesia, 7%

Others, 34%Indonesia, 22%

China, 14%

Malaysia, 13%Europe,

10%

US, 6%Argentina, 5%

Brazil, 5%

Others, 26%

37 41 44 45 47 49 54 57 61

36 38 36 38 41 42 42 47 4717 18 20 22 23 24 2425 27

11 10 12 11 11 13 1415 15

20 21 21 21 23 23 2423 24

020406080

100120140160180200

FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15Others Sunflower Oil Rapeseed Oil Soyabean Oil Palm Oil

Page 12: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

Edible Oil63%Pulses

12%

Cashew Nuts7%

Spices3%

Fruits & Nuts6%

Sugar4%

Cotton1% Others

2%

Indian Edible oil demand being substantially met by imports as domestic production has lagged

Oil Consumption In India growing inline with growth in population …

…getting turbo charged by growing per capita income

Edible oils have a significant share in Indian agricultural imports

Source: Ministry of Agriculture (GOI) and DGCI&S) Page 11

Source: USDA FAS, IMF

Source: USDA FAS

Significant growth in per capita consumption can be expected as Indian per capita GDP continues to grow

Source: USDA FAS, IMF

Robust growth in consumption of edible oil .... Rising deficit with domestic production not being able to keep pace

India ProductionIndia Imports

CAGR 2005-2015 Imports: 10.03%CAGR 2005-2015Production : 1.55%

USD

Source: USDA FAS, IMF

FAVOURABLE INDUSTRY DYNAMICS INDIA EDIBLE OIL INDUSTRY - HIGH GROWTH POTENTIAL

1

Per capita oil consumption (Ltr)Million Mn MT MT

0246810121416

0

500

1000

1500

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

E20

12E

2013

E20

14E

GDP / capita Per capita consumption

05

101520253035404550

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

0

5

10

15

20

25

0200400600

80010001200

1400

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Population Total oil consumption

5 5 5 69 9 9 10 11 12 13

6 7 67

6 6 7 7 77 7

0

4

8

12

16

20

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

Page 13: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

India Edible Oil Imports

Page 12

Source: USDA FAS (Office of Global Analysis)

India Edible Oil Consumption

Palm oil consumption in India has seen significant growth, and is primarily met through imports, leaving significant room for growth in domestic production

Source: USDA FAS (Office of Global Analysis)

7%

12%

FY07-FY15 CAGR‘000 MT

12%

FAVOURABLE INDUSTRY DYNAMICS INDIA EDIBLE OIL INDUSTRY - HIGH GROWTH POTENTIAL

1

11%FY07-FY15 CAGR

3,65

0 5,01

3 6,86

7

6,60

3

6,66

1

7,47

3

8,36

4

7,82

0

8,85

0

1,44

7 733

1,06

0

1,59

8

945 1,

174 1,

086

1,83

0 2,00

0

20318

583 611776

1114939

1528

1550

140143

278 256200

246317

362

480

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

Other Sunflowerseed Soybean Palm

947 1054 1038 1060 1121 1227 1238 1295 1345

36715075

6230 6440 7090 7485 8250 8384 90001433

15821455 1320

12561169

1187 12151135

2133

1967

2097 20962243 2323

2400 26052730

2500

2330

2300 27602610

27502950

33003400

600

398

733912

9911280

11801680

1775

523

574

655659

601610

680

685680

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

22000

FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

Other Sunflower Soyabean RapeseedPeanut Palm Cottonseed

1180712970

1450815247

1591216844

20065

19164

17885

Page 14: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

− Nutrela – Food products/ Refined Oils (Soyabean, Groundnut, Cottonseed, Sunflower , Mustard , Ricebran)

− Nutri Gold – Vanaspati

− Mahakosh – Refined Oils (Soyabean, Groundnut, Cottonseed and Ricebran) & Vanaspati

− Sunrich – Refined Sunflower Oil

− Ruchi Gold – Refined Oils (Mustard and Palmolein)

− Ruchi Star – Refined Soyabean Oil

− Ruchi No. 1 – Vanaspati

STRONG BRAND RECOGNITION IN INDIAP

rem

ium

Page 13

Track record of creating successful brands in a highly commoditized industry. Company has multiple brands for several of their products to cater to different income segments of the Indian retail market

Key Brands

Val

ueM

ass

2

Page 15: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

FULLY INTEGRATED OPERATIONSHealthy mix of midstream and downstream, and well on its way to develop an upstream business

n Origination

– Palm plantations across Andhra Pradesh, Karnataka, Mizoram, Gujarat, Orissa and Tamil Nadu

– Access to total agricultural land of 2,00,000 hectares for potential oil palm procurement

n Processing

– Daily capacity (MT)(Mar - 2015):

– Crushing:12,394

– Crude Oil: 2,231

– Soya Meal: 10,163

– Refining: 11,120

– Vanaspati & bakery fats: 1,965

– Textured soya protein: 389

– Edible soya flour: 300

n Products

– Key products

– Edible oil

– Seed extractions,

– Vanaspati

– Food productions

– Key brands include Nutrela, Ruchi Gold, Ruchi Star, Sunrichand Mahakosh

n Merchandising and distribution

– As of 31 March 2015, 106 company depots through India with storage and logistical facilities

– As of 31 March 2015, pan-India non-exclusive distribution network covering 5,642 distributors reaching over 725,000 retail outlets

Origination CustomerProcessing ProductsMerchandising

and distribution

Finance / Risk management / Logistics coordination

Information flows / Visibility across value chain

Page 14

One Of The Few Edible Oil Companies in India with Integrated Operations

3

Page 16: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

EXTENSIVE DISTRIBUTION NETWORK IN INDIA

Page 15

n Processing plants across 22 locations in India, giving access to markets across India

n 106 company depots (with storage and other logistical facilities) which serve 5,642 distributors across the country reaching over 725,000 retail outlets

n All refining plants located near ports, providing easier access to imported edible oil

n Distribution through pipes at ports saves transport cost and timen Inland crushing plants located in key soya bean and mustard producing

states

Crushing in Soya bowl of India

Proximity to Ports

Pan India Footprint

We have a large distribution presence in India. As of March 31, 2014, we have 21 manufacturing locations, 11 wind power generating locations and 106 company depots across India. In terms of distribution, we have 5,642 non-exclusive distributors in India, covering over 2,210 towns and over 725,000 retail outlets.

Strategic Manufacturing locations

Note: Manufacturing and other locations as on March 2012 Map for representation purpose only - Not to scale

Strategically located facilities striking the right balance between proximity to raw materials (cultivating states and ports) and proximity to markets.

4

Pan India Presence

2

3

15

16

17

106 12

13

11

4

14

97

8

Plant location

Jammu

HaldiaGaderwada

Nagpur

Vijaywada

Kakinada

Guna

PipariaManglia

Sriganganagar

Baran

Kota

Kandla

Patalganga

Manglore

Chennai

18

1

Washim

Daloda

5

Krishnapatnam

Durgawati19

2021

Cities Activity Access to PortsCrushing Refining Vanaspati Soya food

1 Jammu ü2 Ganganagar ü ü3 Baran ü ü4 Kota ü ü5 Guna ü6 Kandla ü ü ü7 Piparia ü8 Gadarwara ü ü9 Haldia ü ü ü ü10 Manglia ü ü ü ü11 Nagpur ü ü12 Washim ü13 Daloda ü14 Patalganga ü ü ü ü15 Mangalore ü ü ü16 Chennai ü ü ü ü17 Kakinada (A.P) palm mill ü18 Vijaywada (A.P) palm mill ü19 Durgawati (Bihar) ü ü20 Mysore (Palm Crushing) ü21 Krishnapatnam ü ü ü

Mysore

Page 17: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

EXPERIENCED MANAGEMENT

n Experienced management team with over four decades of industryexperience

n Credited with the growth and development of the soya and soyaprocessing industry in India

n Key members have served or are currently serving as officers of variousindustry bodies, recognizing their standing in sector

n Promoter Directors have bagged several awards from variousinstitutionsin recognition of their contribution to the Industry

5

Page 16

Page 18: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

FINANCIAL PERFORMANCE

Page 19: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

CONSOLIDATED FINANCIAL PERFORMANCE

Page 18

INR Million FYE MAR 11 FYE MAR 12 FYE MAR 13 FYE MAR 14 FYE MAR 15

Total Revenue 183,729 305,835 303,072 288,202 317,611

EBITDA(1) 7,173 10,080 11,493 8,815 7616

EBITDA (% of gross revenues) 3.9% 3.3% 3.8% 3.1% 2.4%

Finance Cost(2) 2,550 6,625 6,225 6,650 5512

Depreciation & Amortisation 1,458 1,729 1,657 1,769 1603

Profit Before Tax 3,381 1,957 3,610 396 1025

Profit after Tax(3) 2,252 869 2,732 1.7 800.3

Source: Company Filings. (1) EBITDA = Total Revenue – Total Expenses(2) Finance cost = Interest expense + Other Borrowing Costs + Net Loss of Foreign Currency Transactions (3) Profit after tax excludes profit attributable to Minority Interest

Page 20: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

CONSOLIDATED BALANCE SHEET

Page 19

INR Million FYE MAR 11 FYE MAR 12 FYE MAR 13 FYE MAR 14 FYE MAR 15

Net Fixed Assets Incl. CWIP 24,165 27,375 28,743 28,479 25,674

Cash and Cash balances 19,547 33,151 42,962 10,289 5,782

Inventories 32,045 41,614 35,628 37,415 31,599

Total Assets 111,460 146,142 168,222 140,949 148,670

Long-term Borrowings 10,372 11,982 14,164 15,023 11,108

Short-term Borrowings 37,699 53,431 59,602 23,525 30,711

Gross Borrowings 48,071 65,413 73,766 38,548 41,819

Net Borrowings(1) 28,524 32,262 30,804 28,259 36,037

Shareholders’ Funds (Equity) (2) 22,375 22,499 24,719 24,901 23,547

Total Capitalization(3) 50,899 54,761 55,523 53,160 59,584

Source: Company filings(1) Net Borrowings = Gross Borrowings – Cash and cash balances(2) Shareholders’ funds = Paid up Capital + Retained Earnings + Minority Interest(3) Total Capitalization = Consolidated Net Borrowings + Shareholders’ Funds

Page 21: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

SUMMARY CONSOLIDATED FINANCIALS AND RATIOS

Page 20

Revenues EBITDA

Long Term Borrowings Long Term Debt / Equity

INR BnINR Bn

INR Bn

Total Assets

Net Borrowings / Total Capitalization (2)

INR Bn

Source:(1) Long Term Debt / Equity = Long Term Borrowing / Equity(2) Net Borrowings = Gross Borrowings – Cash and cash balances; Total Capitalization = Consolidated Net Borrowings + Shareholders’ Fund

0

50

100

150

200

250

300

350

FY11 FY12 FY13 FY14 FY15

184

306 303288

318

0

2

4

6

8

10

12

FY11 FY12 FY13 FY14 FY15

7.17

10.08

11.49

8.827.62

0.45

0.50

0.55

0.60

0.65

FY11 FY12 FY13 FY14 FY15

0.56

0.59

0.55

0.53

0.60

020406080

100120140160180

FY11 FY12 FY13 FY14 FY15

111

146

168

141 149

0.00

0.10

0.20

0.30

0.40

0.50

0.60

0.70

FY11 FY12 FY13 FY14 FY15

0.460.53

0.57 0.60

0.47

0

50

100

150

200

FY11 FY12 FY13 FY14 FY15

103.72119.82

141.64 150.23

111.08

Page 22: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

APPENDIX

Page 23: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

ABBREVIATIONS

Page 22

Abbreviations Used Description

FY / FYE Financial Year

9ME 9 Months Ending

Mn Million

Bn Billion

yr Year

MT Metric Tonnes

MTPA Metric Tonnes per annum

BSE BSE Limited

NSE National Stock Exchange of India Limited

INR Indian Rupee

US$ United States Dollar

USDA FAS United States Department of Agriculture Foreign Agricultural Service

IMF International Monetary Fund

Page 24: RUCHI SOYA INDUSTRIES LIMITED · (2) Company Filings. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption (3) Market share

THANK YOU!